Wartsila

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

Arjen Berends

CFO and Executive Vice President

Louis Strydom

Director, Project and Market Development - Middle East

7 past transactions

Marindows

Corporate Round in 2022
Marindows is a developer of marine operating systems and maritime digital content.

Soletair Power

Seed Round in 2021
Developer of modular carbon removal technologies intended to capture CO2 directly from the air. The company's system utilizes chemical materials to selectively filter out CO2 and allows the other components of air to pass through, enabling companies, corporations, real estate developers, and commercial building owners to be a part of the large-scale deployment of carbon dioxide removal measures.

Soletair Power

Seed Round in 2019
Developer of modular carbon removal technologies intended to capture CO2 directly from the air. The company's system utilizes chemical materials to selectively filter out CO2 and allows the other components of air to pass through, enabling companies, corporations, real estate developers, and commercial building owners to be a part of the large-scale deployment of carbon dioxide removal measures.

Transas

Acquisition in 2018
Transas is a manufacturer based in Ireland that specializes in fleet management systems for the maritime industry. The company provides advanced navigation systems and integrated bridge solutions, leveraging a unified cloud technology platform. This platform facilitates a comprehensive environment for managing various maritime operations, including navigation, simulation, and vessel traffic management. By integrating these functions, Transas enables ships to enhance decision-making processes, ultimately improving operational efficiency and safety across the maritime ecosystem.

Greensmith Energy

Acquisition in 2017
Greensmith Energy Management Systems, Inc. specializes in designing and deploying energy storage systems, leveraging its proprietary software platform, Greensmith Energy Management System (GEMS). This fourth-generation software integrates cloud computing with various battery technologies, enabling utilities, developers, and independent power producers to monitor and manage energy storage systems effectively. GEMS facilitates applications such as voltage and frequency regulation, peak shaving, and microgrid management, thereby enhancing system performance and extending operational life. The company offers comprehensive solutions, including system integration, battery optimization, and data analytics, aimed at addressing the challenges posed by evolving electrical grids. Founded in 2008 and headquartered in Herndon, Virginia, Greensmith serves a diverse clientele, including utilities and commercial enterprises, both domestically and internationally. The company operates as a subsidiary of Wärtsilä Oyj Abp, reflecting its commitment to advancing cleaner and more intelligent energy infrastructure.

Eniram

Acquisition in 2016
Eniram Ltd. specializes in maritime energy management systems designed for the shipping industry, focusing on reducing fuel consumption and emissions. The company offers a range of products, including the Eniram Vessel Platform, which collects real-time data on vessel performance and fuel usage, and various optimization tools such as the Dynamic Trimming Assistant, Optimum Speed Assistant, and Engine Load Assistant. Additionally, Eniram provides the Vessel Performance Manager for crew analysis of energy efficiency, the Fleet Performance Manager for onshore monitoring, and Eniram Engine, which assists engineers in selecting the most efficient engine combinations and fuel types. The company's analytics services examine factors such as hull fouling and dry-dock impacts to enhance fuel savings. Eniram’s solutions are utilized across various vessel types, including cruise ships, ferries, container ships, tankers, bulkers, and LNG vessels. Founded in 2005 and headquartered in Helsinki, Finland, Eniram has expanded its operations with offices in Singapore, the United States, Germany, and the United Kingdom, and it has been a subsidiary of Wärtsilä since July 2016.

Hamworthy

Acquisition in 2011
Hamworthy is a leading designer, developer and manufacturer of advanced marine fluid handling systems for ships and offshore oil and gas facilities. The company specializes in innovative and often highly customized designs for marine gas handling, pumping and water systems.
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